Wiktionary
a. (context organic chemistry English) Derived from a natural vegetable oil or animal fat n. (context organic chemistry English) Any organic compound derived from a natural vegetable oil or animal fat
Wikipedia
Oleochemicals (from Latin: oleum “olive oil”) are chemicals derived from plant and animal fats. They are analogous to petrochemicals derived from petroleum.
The formation of basic oleochemical substances like fatty acids, fatty acid methyl esters (FAME), fatty alcohols, fatty amines and glycerols are by various chemical and enzymatic reactions. Intermediate chemical substances produced from these basic oleochemical substances include alcohol ethoxylates, alcohol sulfates, alcohol ether sulfates, quaternary ammonium salts, monoacylglycerols (MAG), diacylglycerols (DAG), structured triacylglycerols (TAG), sugar esters, and other oleochemical products.
As the price of crude oil rose in the late 1970s, manufacturers switched from petrochemicals to oleochemicals because plant-based lauric oils processed from palm kernel oil were cheaper. Since then, palm kernel oil is predominantly used in the production of laundry detergent and personal care items like toothpaste, soap bars, shower cream and shampoo.